MAH 1.72% 28.5¢ macmahon holdings limited

Indonesia controlled MAH - Peter Williams article - 24 August 2018-, page-9

  1. 303 Posts.
    lightbulb Created with Sketch. 22
    Hi Stretguy,

    i think this has the potential to be a positive or a negative depending on the company's objectives. As you say, they are a sh themselves, and in that sense their interests are aligned with the minority shareholders (i.e., higher share price = better). Also, they will presumably want the company to be solvent and profitable. On the flipside, if there were some greater strategic rationale subverting the independent interests of MAH, then yeah, of course that could be a problem, so it is something to keep an eye out for. The financial management of the company looks conservative, which for me is positive. If the concern is about no fat divvies, that does not bother me personally.
 
watchlist Created with Sketch. Add MAH (ASX) to my watchlist
(20min delay)
Last
28.5¢
Change
-0.005(1.72%)
Mkt cap ! $614.1M
Open High Low Value Volume
29.0¢ 29.0¢ 28.5¢ $143.9K 500.3K

Buyers (Bids)

No. Vol. Price($)
6 480437 28.5¢
 

Sellers (Offers)

Price($) Vol. No.
29.0¢ 800376 17
View Market Depth
Last trade - 16.10pm 14/06/2024 (20 minute delay) ?
Last
28.8¢
  Change
-0.005 ( 0.77 %)
Open High Low Volume
28.5¢ 28.8¢ 28.5¢ 218851
Last updated 15.59pm 14/06/2024 ?
MAH (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.